Global Export Initiative

Exports have become increasingly important to the U.S. economy – job growth has become increasingly dependent on foreign trade. According to estimates, every $180,000 worth of exports equals one U.S. job – and creating more jobs is central to the Obama Administration. Last year, exports accounted for roughly 13 percent of the U.S. GDP – about three times as much as 50 years ago. With increased use of the internet, improved transportation and enhanced trade and investment rules that have been simplified to make it easier for businesses to export, there has never been a better time to grow globally than right now.